The U.S. Treasury Department on Wednesday issued new sanctions against 22 individuals and companies from different countries for allegedly supporting the Russian military industry during the invasion of Ukraine Since the beginning of the invasion announced by Russian President Vladimir Putin, the Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on more than a hundred individuals and companies for their activities in circumventing international restrictions and controls on Russian exports.
«Russia’s desperate attempts to use proxies to circumvent U.S. sanctions demonstrate that the sanctions have made it much more difficult and costly for Russia’s military-industrial complex to resupply Putin’s war machine,» Treasury Undersecretary Wally Adeyemo has stressed.
«Targeting proxies is one of many steps Treasury has taken and continues to take with its coalition partners to tighten the issuance of sanctions against Russia’s defense sector, its benefactors and its supporters,» Deputy Secretary Adeyemo has delved.
Among the sanctioned individuals are arms dealer Igor Zimenkov, as well as the rest of his network of collaborators, which through shell companies has sold Russian military equipment to third countries.
This new string of sanctions has been made possible thanks to REPO, a working office in charge of identifying, freezing and confiscating the assets of oligarchs and other Russian elites, sanctioned all over the world.
«Elites and their proxies enable Russia’s war of aggression in Ukraine and REPO aims to maximize the effect of multilateral sanctions while closing off opportunities for Russia to evade or circumvent U.S. and partner sanctions,» OFAC details in a statement.
Source: (EUROPA PRESS)
